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Posted in Economy

India’s forex reserves fall by $6.92 billion to $695.36 billion for week ending Oct 24

India’s foreign exchange reserves fell by $6.92 billion to $695.36 billion for the week ending October 24, the Reserve Bank of India (RBI) said on…

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BNP Paribas helped BlackRock’s HPS Investment Partners finance Bankim Brahmbhatt's loans. (Reuters)
Posted in Business

India-origin CEO emerges at centre of $500-million ‘breathtaking’ fraud in US| Business News

An India-origin CEO of a little-known telecom-services company in the US has emerged at the centre of what has been described as a “breathtaking” fraud…

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India’s April-September fiscal deficit at Rs 5.73 lakh crore, widens on-year to 36.5% of FY26 aim

India’s fiscal deficit for the first six months of this fiscal year through September stood at 5.73 lakh crore rupees, or 36.5% of annual estimates,…

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The Maruti Suzuki Victoris, the latest offering from India's largest carmaker. (HT Auto)
Posted in Business

Net profit up 7.3% amid highest-ever net sales| Business News

Maruti Suzuki India Ltd. clocked its highest quarterly sales in July-September 2025, even as profitability remained relatively muted. The Maruti Suzuki Victoris, the latest offering…

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Big Tech is shifting ever so quickly, and analysts are picking up early signals of a strategic turn. (Representational image)
Posted in Business

Big Tech banks on artificial intelligence to drive growth amid job cuts| Business News

Big Tech continues to cut jobs and make advances in artificial intelligence (AI). Amazon has planned to cut up to 30,000 jobs, procedures for which…

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In all the job postings, Starlink said it will prioritise local applicants but remote and hybrid work is not on offer. (Representative Image)
Posted in Business

Starlink starts on-ground hiring ahead of satellite-internet launch| Business News

Starlink Satellite Communications Pvt. Ltd. has listed at least four jobs in India, months after Elon Musk-led company received regulatory approvals to launch satellite internet…

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US’ Golden Gate move signals a likely shift in India strategy

The US has extended its sanctions waiver for India’s operations at Iran’s Chabahar Port, a move that on the surface looks procedural but in reality…

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Lenskart CEO Peyush Bansal during the company's IPO announcement in Mumbai on 27 October 2025. (Reuters)
Posted in Business

From RHP to IPO day, what the grey market is telling us| Business News

The Lenskart IPO is now open for subscription, amid an online debate over its valuations that’s reflecting in its grey market premium today. Lenskart CEO…

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Lenskart CEO Peyush Bansal. A Lenskart IPO valuation would peg the value of his stake in the company at about  ₹850 crore. (Reuters)
Posted in Business

GMP to IPO price and valuation, 10 key details to know before subscribing| Business News

Lenskart Solutions Ltd. is set to launch its IPO today amid an online debate over its valuation that’s reflecting in its grey market premium (GMP)….

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ET Startup Awards 2025: Celebrating the stars of India’s Startup Inc
Posted in Startups

ET Startup Awards 2025: Celebrating the stars of India’s Startup Inc

Top entrepreneurs, policymakers and investors will celebrate the best of Indian entrepreneurship at the eleventh edition of The Economic Times Startup Awards in Bengaluru today,…

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